November 20, 2013:
This chart shows the DOW, Dow Jones Industrial Average, adjusted for
inflation is trading just 0.2% below its all-time record high.
This is the third attempt to cross and close above 16,000. Will
the third time be the charm? Just to be safe, I took a few profits
last week and some more today.

Of course, what Chartoftheday neglects to mention is the DOW pays a
dividend. If you bought the DOW via its ETF (exchange traded fund)
called DIA and
reinvested the dividends it earned, currently at 2.31%, then you would
be well above the past all-time, inflation adjusted highs.

From Chartoftheday.com1

As the stock market
continues to trade in all-time record territory, today's chart provides
some perspective by illustrating the inflation-adjusted Dow since 1900
-- there are several points of interest. For one, while most major US
stock market indices trade well within record territory, when adjusted
for inflation, the story changes. For example, the inflation-adjusted
Dow still trades below both its 1999 peak -- albeit not by much (only
0.2% below its 1999 all-time, inflation-adjusted record high). Another
point of interest is how the inflation-adjusted Dow was unable to punch
through the 16,000 level on its previous two attempts (see red dashed
line) -- the market is currently making its third attempt.

Note 1. Source:
Chart of
the Day"Journalists
and bloggers may post the above free Chart of
the Day on their website as long as the chart is
unedited and full credit is given with a live
link to Chart of the Day at
http://www.chartoftheday.com."